Fidelity Investments reported that the number of 401(k) millionaires—investors with 401(k) account balances of $1 million or more—reached 233,000 at the end of the fourth quarter of 2019, a 16% increase from the third quarter’s count...
In this article DIDI Budrul Chukrut | LightRocket | Getty Images Shares of Didi are poised for double-digit gains this week amid a Bloomberg News report that Beijing is eyeing a plan to take...
Mortgage rates edged upward Wednesday, resuming their up-and-down pattern of the past three weeks, during which they’ve risen and fallen within a narrow range of about an eighth of a point. The current average...
Building a diversified portfolio of individual stocks is easier than ever, with zero-commission trades and fractional shares providing retail investors with inexpensive options. The fixed-income universe, on the other hand, doesn’t offer the same...
Digital payments platform PayPal Holdings, Inc. (PYPL) is a longtime leader in this market, with wide acceptance among merchants and consumers alike. A logical extension of PayPal’s business model may be to offer securities...
In this article PYPL SQ HOOD The PayPal app shown on an iPhone Katja Knupper | DeFodi Images | Getty Images PayPal is exploring a possible stock-trading platform. After rolling out the ability to...
The marijuana industry consists of companies directly related to the research, development, and distribution of cannabis products, as well as companies that indirectly support these operations. Traditional stock market indices such as the Nasdaq...
In this article SPRT The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. Dado Ruvic | Reuters Shares of...
What Is Student Loan Deferment? A student loan deferment lets you stop making payments on your loan or reduce the amount you pay for up to three years, in most cases. During the deferment...
In this article MSFT TGT AMAT WOOF NVDA A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters As the...
Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp has more than doubled its valuation since its previous funding round just five months ago amid torrid revenue...
The COVID-19 pandemic has affected millions of Americans financially. In a survey by the National Endowment for Financial Education (NEFE), three in 10 Americans said paying off debt is their top financial stressor, while...
In this article FISV Oscar Wong | Moment | Getty Images Company: Fiserv Inc. (FISV) Business: Fiserv provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The...
In this article ASTR [The livestream is slated to begin at 4 p.m. EDT. Please refresh the page if you do not see the video player above.] Rocket builder Astra Space is going for its first...
While many companies and products have established brand equity, a few of the most recognized are Tylenol, Kirkland Signature by Costco (COST), Coca-Cola (KO), Starbucks (SBUX), and Porsche. All of these companies enforce quality...
Investors watch an electric screen displaying stock price figures at a stock exchange hall on February 18, 2021 in Shanghai, China. VCG | Visual China Group | Getty Images Beijing is eyeing new rules...
Thomas Montag Source: Bank of America Two trusted deputies of Bank of America CEO Brian Moynihan will depart at the end of the year, setting up a succession race among the company’s top managers....
For investors looking for opportunities to generate income, closed-end funds (CEFs) can be an attractive option. Known for their income potential, these investment vehicles are unique for several reasons, including their closed structure and...
A rendering of the Series2 cargo lunar lander on the moon’s surface. ispace Japanese lunar exploration start-up ispace unveiled the next-generation of its cargo lander, under development by its U.S. subsidiary in Colorado. “We...
The 16th Electron launch in November 2020, when the company recovered the rocket after splashdown for the first time. Rocket Lab Rocket Lab begin trading on the Nasdaq on Wednesday, becoming the latest space...
After Best Buy Co., Inc. (BBY) reported that it had beaten analysts’ expectations for its fiscal second quarter earnings results, option traders are taking actions suggesting that they think the share price will move...
Bitcoin’s biggest investors appear to be upping their positions as the price recovers. Cryptocurrency accounts holding roughly $50 million or more worth of bitcoin have steadily increased their buying since the end of June,...
American flags in front of Goldman Sachs Group Inc. headquarters in New York, on Friday, March 5, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs said that only vaccinated people can enter...
Student loan rates are currently some of the lowest we’ve seen in history. However, while the rates might look attractive, there are still some things to consider before you take on student loan debt...
Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021. Brendan McDermid | Reuters It’s late August, so the market is supposed to be on vacation like so many...
What is the average salary that a finance major can expect? At first glance, it doesn’t appear that a degree in finance is the ticket to a career with stellar pay. The average recipient...
In this article NGCA BA The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit, the...
The New York Stock Exchange (NYSE) stands in lower Manhattan on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City....
Twitch may just be Amazon’s best-kept secret. Acquired in a 2014 bidding war with Google for $1 billion in cash, the gaming platform, and the social network continues to break its own high scores. Four years...
Shoppers walk in front of a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images As earnings season draws to a finale, investors’...
In this article HOOD Newly public stock trading app Robinhood is not looking to do a secondary offering to take advantage of its retail investor-driven share price rise, according to the company’s chief financial officer....
The Federal Reserve is widely considered to be one of the most important financial institutions in the world. The Fed can either be a benign help or a cantankerous challenge, and its style is...
United Launch Alliance (ULA) CEO Tory Bruno at the rollout of the Atlas V 541 rocket that would launch NASA’s Mars Perseverance rover and Ingenuity helicopter on July 28, 2020. Ben Smegelsky | NASA...
Jeff Bezos, owner of Blue Origin, introduces a new lunar landing module called Blue Moon during an event at the Washington Convention Center, May 9, 2019 in Washington, DC. Mark Wilson | Getty Images...
Mortgage rates dropped Wednesday, continuing a yo-yo pattern over the past week. Though averages are slightly elevated above five-month lows set in early August, rates are still historically low, with the 30-year average sitting...
Elon Musk’s SpaceX revealed new details about plans for the next-generation of satellites in its Starlink internet system in federal filings on Wednesday, including that the company intends to use its massive Starship rocket...
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